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January 7, 2023, 5:50 PM
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Top News

Aaron Holmes / The Information:
Sources: Microsoft is working on incorporating existing and future versions of OpenAI's GPT into Word, PowerPoint, Outlook, and its other productivity apps  —  In a move that could change how more than a billion people write documents, presentations and emails, Microsoft …
Bloomberg:
Sources: the SEC and the EDNY are scrutinizing transfers between DCG and the lending arm of its Genesis subsidiary, but have not accused DCG of wrongdoing  —  US authorities are digging into the internal financial dealings of Barry Silbert's expansive crypto empire, according to people familiar with the matter.
Tony Ho Tran / The Daily Beast:
GPTZero, a Princeton student's app that uses perplexity and burstiness metrics to detect if an academic essay was written by a human or by ChatGPT, goes viral  —  “Humans deserve to know when the writing isn't human.”  —  Deputy Editor, Innovation & Tech … Edward Tian was fast asleep when his bot broke a website.
New York Times:
PitchBook: investors pumped $1.37B+ into generative AI companies across 78 deals in 2022, almost as much as was invested in the previous five years combined  —  An investment frenzy over “generative artificial intelligence” has gripped Silicon Valley, as tools that generate text …
Reuters:
Ant Group says founder Jack Ma will give up control as the fintech giant nears the completion of its two-year restructuring driven by Chinese regulators  —  China's Ant Group said on Saturday that its founder Jack Ma no longer controls the Chinese fintech giant after a series of shareholding adjustments …
Andy Greenberg / Wired:
Mandiant: Russian cyberespionage group Turla piggybacked on other hackers' decade-old malware that spread via USB drives to stealthily access victim networks  —  The infamous, FSB-connected Turla group took over other hackers' servers, exploiting their USB drive malware for targeted espionage.
Kylie Robison / Fortune:
Sources: some former US Twitter employees finally received their severance agreements, offering only one month of base pay as severance and no prorated bonuses  —  Following further delays this week, some former Twitter employees finally received their official severance agreements on Saturday …
Bloomberg:
Some companies are taking a liberal interpretation of California's pay transparency law with wide pay ranges; one Netflix job posting has a $90K-$900K pay range  —  A Tesla Inc. software engineer could earn anywhere from $83,200 to $417,600.  Netflix Inc. has one job posting advertising …
Sam Sutton / Politico:
The SEC is readying a rule, which may be finalized as soon as Q1 2023, to make it easier for investors to sue VCs for bad behavior, negligence, or recklessness  —  After being battered by rising interest rates and choppy markets, the venture capital industry is sweating new regulations that could expose fund managers to legal risks.
Mitchell Clark / The Verge:
Kuo: Apple canceled its fourth gen iPhone SE, in which it planned to debut its own 5G modem; the cancelation could be due to poor sales of mid-to-low-end phones  —  On Friday, Kuo wrote in a blog post that Apple had canceled production and shipment plans for the phone after his prediction …
Eric Slivka / MacRumors:
Kuo: due to development issues, Apple is “more likely” to debut its mixed-reality headset in the spring or at WWDC 2023, not January as previously predicted

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From Mediagazer

Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors

Amy Graff / SFGATE:
KQED, a Bay Area NPR and PBS affiliate, is initiating buyouts, and may have layoffs or a hiring freeze; in 2023, revenue hit $90.4M and expenses $100.9M

Sara Fischer / Axios:
Puck hires veteran journalist and TV commentator John Heilemann as its chief political columnist and partner, as the outlet expands its presence in Washington

More News

Jennifer Maas / Variety:
Roku reports ending 2022 with more than 70M accounts globally, up 16.5% from the end of 2021, and says streaming hours grew 19% YoY to 87.4B in 2022
Cheyenne Ligon / CoinDesk:
An Ohio man pleads guilty to stealing 712+ bitcoins seized by the IRS in a case against his brother, who was convicted of running money laundering service Helix
Parmy Olson / Bloomberg:
Irish DPC's €390M Meta fine, issued at the behest of European Data Protection Board, is a harbinger of how EU may crack down on Big Tech in the next two years

Earlier Picks

Thomas Brewster / Forbes:
Researchers: cybercriminals have started using ChatGPT to create hacking tools and AI-generated malware code, and are testing the tool for dating scam chatbots
CNBC:
Samsung estimates that its Q4 operating profit fell by 69% YoY to ~$3.37B, an eight-year low, citing a greater-than-expected decline in memory chip demand
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